Free Press, ; L. The company can however tap into the latest trends in consumer monitoring and e-commerce in order to boost its sales 5.
A consistence in revenues is one of the strengths that Office Depot is enjoying within the last 10 years. Office Depot, just like its industry, has been struggling since and is continuing to struggle.
Power of Customer High: The other tangible resources of the company include: Office Depot envisions a future where services and innovative thinking enables customers to achieve success. The company is in a very specific part of the retail industry but they want feedback from their customers to understand their needs.
The latest figures indicate that there has a been a general increase in the level of retail sales. Despite the performances of Office Depot over the years, the company has not been able to increase profitability. Office Depot needs to redesign its strategic map to record positive performances in sales and net profits.
Strategies, Competitive Advantage, and Profitability The distinctive competencies shape the strategies taken by a company, which bring about competitive advantage and greater profitability.
Office Depot accommodates the needs of student or workers with their everyday office supplies. The United States for instance in currently experiencing the lowest unemployment rates of all time.
For instance, the company has fast-tracked attractive new services in its supply chain, such as UPS shipping centers, where consumers are able to wrap, pack and ship their packages. New technologies developed by the competitor or market disruptor could be a serious threat to the industry in medium to long term future.
The implications on Office Depot's profitability are obvious. The current currency crisis has also affected interest rates, inflation rates as well as exchange rates therefore leading to a general rise in the price of food ad other essential commodities.
Moreover, Office Depot has an efficient distribution network supply chain that assists the company to reach its customer across the globe.
Office Depot does not play the same dominating role in the supply market as it once did. Several firms are offering similar products and services that Office Depot is offering. Some of the equipment and inventories that bring about revenue to Office Depot include: Moreover, the company competes with organizations implementing the paperless transactions.
Capabilities lay down how and where decisions are made within a company, the sort of behaviors the company recompenses and the company's cultural standards and principles Hill et al. Failure is not an option for Office Depot.
The main advantage that the company possesses over its closes rival Staples is in its international market sector. Under this we present the objectives and constraints that faces the firm's marketing aspirations, an analysis of sales, profits, and market share, analysis of target market s ,analysis of marketing mix variables, a Summary of marketing strategy's strengths and weaknesses as well as their Implications for strategy development.
The Office Depot has also made an increasing effort to boost its profitability by integrating the copy and print services in commercial and retail businesses.
Ever since the recession, the office supply industry has been struggling. In terms of tangible resources, Office Depot operates over two thousand retail stores in the United States and over 20 retail stores globally.
Stable free cash flow provides opportunities to invest in adjacent product segments. This signified a considerable decrease in the level of disposable income in the U. As mentioned earlier even though Office Depot is successful at integrating small companies it has its share of failure to merge firms that have different work culture.
Economic conditions and trends The housing as well as credit crisis that rocked America has very profound effects on the level of American consumer behaviors. The company also sells its product to customers in 60 countries such as South Korea, Sweden and France.
Office Depot Competitive Advantages The interpretation of the of Porter 5 Forces and SWOT Analysis reveal that Office Depot has used a superior technology in offering online retail stores to enhance competitive market advantages in the industry.
SWOT analysis may lead the firm to overemphasize a single internal or external factor in formulating strategies. Increase number of new entrants in the industry reveals that Office Depot lacks differentiation strategy to achieve competencies within the market.
In particular, these skills dwell in a company's guidelines, practices, and system. Office Depot leads in international sales as well as operating margins.
Office Depot, through its international segment, operates in several countries across the world. Sincethe company has recorded a consistence net income loss.
Implications for strategy development Office Depot should embrace e-commerce as well as an integrated marketing approach in order to ensure that its products are well marketed and sold. Office depot Situation Analysis Paper. July 16, admin Articles 0. Office Depot is one of the most recognizable suppliers.
They distribute and sell office supplies.
The products they offer are paper, computers, printers, desks and other office tools. Office Depot accommodates the needs of student or workers with their everyday office supplies. Office Depot Inc. Case Study Situational analysis Promotion Sales Plan Distribution channels PROBLEMS FOUND IN THE SITUATION ANALYSIS STRATEGIC ALTERNATIVES FOR SOLVING PRIMARY PROBLEMS.
Office Depot is one of the largest suppliers of office products and services in the world. Office supplies is in fact a niche in the retail industry and Office Depot is one of the two dominant players in this sector, with Staples being the other.
How does Office Depot create value for its customers? Home Page; Free Essays; Case Study: Office Depot Essay; Case Study: Office Depot Essay. Words 4 Pages After the situation has been addressed by Steve Haines, Office Depot appears to be using a societal marketing concept approach.
More about Case Study: Office Depot Essay. Home. Financial Analysis of Office Depot; Financial Analysis of Office Depot. Words Jun 24th, 6 Pages. Finacial Analysis Staples & Office Depot Essay Words | 34 Pages.
After the situation has been addressed by Steve Haines, Office Depot appears to be using a societal marketing concept approach. Financial Statement Analysis Paper Example 1: Dell Computer Dell Inc. Current Year Prior Year 3 Years Ago approximately million square feet of office, manufacturing, and warehouse space worldwide, with million of these square feet located in the U.S.
Also, 68% of these square feet are owned by Dell and the rest of the 32% are leased.Office depot situation analysis paper